Report Update Nov 1, 2024

Canada - Dryers for the Treatment of Agricultural Products - Market Analysis, Forecast, Size, Trends and Insights

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Canada: Agricultural Product Dryer Market 2024

Agricultural Product Dryer Market Size in Canada

After six years of growth, the Canadian agricultural product dryer market decreased by -32.6% to $X in 2021. In general, consumption, however, posted prominent growth. Agricultural product dryer consumption peaked at $X in 2020, and then reduced dramatically in the following year.

Agricultural Product Dryer Exports

Exports from Canada

In 2021, approx. X units of dryers for the treatment of agricultural products were exported from Canada; growing by 718% against the previous year. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, agricultural product dryer exports surged to $X in 2021. Over the period under review, exports saw a resilient increase. The growth pace was the most rapid in 2018 when exports increased by 577%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X units) was the main destination for agricultural product dryer exports from Canada, accounting for a 81% share of total exports. Moreover, agricultural product dryer exports to the UK exceeded the volume sent to the second major destination, the United States (X units), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK amounted to +100.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+16.9% per year) and South Africa (0.0% per year).

In value terms, the United States ($X) remains the key foreign market for dryers for the treatment of agricultural products exports from Canada, comprising 82% of total exports. The second position in the ranking was held by South Africa ($X), with a 9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +9.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (0.0% per year) and the UK (+63.2% per year).

Export Prices by Country

In 2021, the average agricultural product dryer export price amounted to $X per unit, dropping by -81.2% against the previous year. Over the period under review, the export price faced a sharp descent. The growth pace was the most rapid in 2018 when the average export price increased by 39% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-5.8%).

Agricultural Product Dryer Imports

Imports into Canada

For the fifth consecutive year, Canada recorded growth in purchases abroad of dryers for the treatment of agricultural products, which increased by 12% to X units in 2021. Overall, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2019 when imports increased by 46% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, agricultural product dryer imports contracted notably to $X in 2021. In general, imports continue to indicate a notable increase. The most prominent rate of growth was recorded in 2019 with an increase of 49% against the previous year. Imports peaked at $X in 2020, and then contracted remarkably in the following year.

Imports by Country

China (X units), the United States (X units) and Italy (X units) were the main suppliers of agricultural product dryer imports to Canada, with a combined 97% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +97.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of dryers for the treatment of agricultural products to Canada, comprising 84% of total imports. The second position in the ranking was held by China ($X), with a 6.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+47.7% per year) and Italy (+44.6% per year).

Import Prices by Country

The average agricultural product dryer import price stood at $X per unit in 2021, falling by -43.1% against the previous year. Overall, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2016 an increase of 19%. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-3.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dryers for the treatment of agricultural products in the world?

The country with the largest volume of agricultural product dryer consumption was South Africa, accounting for 39% of total volume. Moreover, agricultural product dryer consumption in South Africa exceeded the figures recorded by the second-largest consumer, China, threefold. The third position in this ranking was occupied by the United States, with an 8% share.

What are the largest producers of dryers for the treatment of agricultural products in the world?

China remains the largest agricultural product dryer producing country worldwide, comprising approx. 31% of total volume. Moreover, agricultural product dryer production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Brazil, with a 4.7% share.

What are the leading suppliers of dryers for the treatment of agricultural products to Canada?

In value terms, the United States constituted the largest supplier of agricultural product dryer to Canada, comprising 90% of total imports. The second position in the ranking was occupied by Italy, with a 4% share of total imports.

What are the leading importers of dryers for the treatment of agricultural products from Canada?

In value terms, the United States remains the key foreign market for agricultural product dryer exports from Canada, comprising 82% of total exports. The second position in the ranking was occupied by South Africa, with a 9.1% share of total exports. It was followed by the UK, with a 5.7% share.

What is the average export price for dryers for the treatment of agricultural products in Canada?

In 2021, the average agricultural product dryer export price amounted to $28,020 per unit, declining by -12% against the previous year.

What is the average import price for dryers for the treatment of agricultural products in Canada?

The average agricultural product dryer import price stood at $2,558 per unit in 2021, with an increase of 25% against the previous year.

This report provides an in-depth analysis of the agricultural product dryer market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28931600 - Dryers for the treatment of agricultural products by a process involving a change in temperature

Country coverage:

Canada

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Canada
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023